Overview
Carrols Restaurant Group (also known as Carrols) is one of the leading quick-service restaurant operators and the Carrols is one of the largest restaurant franchisees in North America. It is the largest Burger King franchisee in the United States, currently operating 1,023 Burger King restaurants in 23 states as well as 59 Popeyes restaurants in six states. In addition, almost all of the company's restaurants are freestanding. It has been operating
...
Read More Burger King restaurants since 1976, and Popeyes restaurants since 2019.
Read Less
Read More Burger King restaurants since 1976, and Popeyes restaurants since 2019.
Read Less
Daniel T Accordino
See more contacts
Restaurants and Other Eating Places
,
Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)
,
Food Services and Drinking Places
,
Accommodation and Food Services
,
Fast-food restaurant, chain
See All Industries Franchises, selling or licensing
See Fewer Industries
See All Industries Franchises, selling or licensing
See Fewer Industries
?
?
?
Modelled
?
Actual
$1.73 billion
Actual
8.44%
$1,592
JAN
?
?
NASDAQ:TAST
Contacts
Get in Touch with 5 Principals* and 18 Contacts
-
Daniel T AccordinoChairman of the Board and President and Chief Executive Officer
-
Contact 2?
-
Contact 3?
-
Contact 4?
Dynamic search and list-building capabilities
Real-time trigger alerts
Comprehensive company profiles
Valuable research and technology reports
Financial Statements
Dun & Bradstreet collects private company financials for more than 23 million companies worldwide. Find out more.
Financial data as of January 01, 2023 (12 month period) in USD
Annual Revenue 2023
$1.73 billion
USD
Actual
All financial statement data is in millions except per share data | Source: Morningstar
| Cash Flow (mil) | 2023 | 2022 | 2021 |
|---|---|---|---|
| Net Operating Cash | $139 | $21 | $71 |
| Net Investing Cash | -$53 | -$37 | -$59 |
| Net Financing Cash | -$60 | $6 | -$48 |
| Net Change in Cash | $26 | -$11 | -$36 |
| Cash at Beginning of Period | $18 | $29 | $65 |
| Cash at End of Period | $45 | $18 | $29 |
| Capital Expenditure | -$60 | -$42 | -$52 |
| Assets (mil) | 2023 | 2022 | 2021 |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents | $45 | $18 | $29 |
| Accounts Receivable | $22 | $20 | $17 |
| Inventories | $15 | $14 | $14 |
| Other Current Assets | $18 | $16 | $9 |
| Asset Summary | |||
| Total Current Assets | $100 | $68 | $68 |
| Tangible Fixed Assets | $1,051 | $1,076 | $1,129 |
| Intangible Assets | $325 | $341 | $358 |
| Total Assets | $1,592 | $1,608 | $1,687 |
| Liabilities (mil) | 2023 | 2022 | 2021 |
|---|---|---|---|
| Current Liabilities | |||
| Accounts Payable | $38 | $30 | $31 |
| Short-Term Debt | $7 | $7 | $4 |
| Other Current Liabilities | $160 | $142 | $133 |
| Liability Summary | |||
| Total Current Liabilities | $205 | $179 | $169 |
| Long-Term Debt | $422 | $480 | $461 |
| Other Long-Term Liabilities | $1 | $1 | $1 |
| Total Liabilities | $1,407 | $1,457 | $1,473 |
| Stakeholder's Equity (mil) | 2023 | 2022 | 2021 |
|---|---|---|---|
| Equity | |||
| Common Stock | $1 | $1 | $1 |
| Retained Earnings | -$103 | -$137 | -$61 |
| Equity Summary | |||
| Total Equity | $185 | $151 | $214 |
| Shares Outstanding | 51,602,340 | 50,903,111 | 49,932,558 |